Long Term Unemployment Rate in the United States decreased to 1.66 percent in September from 1.97 percent in August of 2021. source: U.S. Bureau of Labor Statistics

Long Term Unemployment Rate in the United States averaged 1.01 percent from 1948 until 2021, reaching an all time high of 4.40 percent in April of 2010 and a record low of 0.08 percent in May of 1953. This page provides the latest reported value for - United States Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Long Term Unemployment Rate - values, historical data and charts - was last updated on October of 2021.

Long Term Unemployment Rate in the United States is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Long Term Unemployment Rate is projected to trend around 1.20 percent in 2022, according to our econometric models.

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United States Long Term Unemployment Rate


United States Last Unit Reference Previous Highest Lowest
Unemployment Rate 4.80 percent Sep/21 5.20 14.80 2.50
Non Farm Payrolls 194.00 Thousand Sep/21 366.00 4846.00 -20679.00
Nonfarm Payrolls Private 317.00 Thousand Sep/21 332.00 4807.00 -19731.00
Government Payrolls -123.00 Thousand Sep/21 34.00 517.00 -948.00
Manufacturing Payrolls 26.00 Thousand Sep/21 31.00 655.00 -1715.00
Unemployed Persons 7674.00 Thousand Sep/21 8384.00 23109.00 1596.00
Employed Persons 153680.00 Thousand Sep/21 153154.00 158735.00 57172.00
Average Hourly Earnings 0.60 percent Sep/21 0.40 4.60 -1.30
Average Weekly Hours 34.80 Hours Sep/21 34.60 35.00 33.70
Labor Force Participation Rate 61.60 percent Sep/21 61.70 67.30 58.10
Long Term Unemployment Rate 1.66 percent Sep/21 1.97 4.40 0.08
Youth Unemployment Rate 9.00 percent Sep/21 9.90 27.40 4.80
Labour Costs 118.60 points Jun/21 118.23 119.07 17.01
Productivity 112.70 points Jun/21 112.10 112.70 25.97
Job Vacancies 10679.00 Thousand Aug/21 11901.00 11901.00 2157.00
Job Offers 10439.00 Thousand Aug/21 11098.00 11098.00 2232.00
Wages 26.15 USD/Hour Sep/21 26.01 26.15 2.50
Wages in Manufacturing 24.24 USD/Hour Sep/21 23.96 24.24 1.27
Employment Cost Index 0.70 percent Jun/21 0.90 2.00 0.20
Part Time Employment 25747.00 Thousand Sep/21 25783.00 28134.00 10086.00
Employment Rate 58.70 percent Sep/21 58.50 64.70 51.30
Full Time Employment 128027.00 Thousand Sep/21 127436.00 131755.00 64640.00


United States Long Term Unemployment Rate
Long Term Unemployment Rate in the United States refers to the unemployment rate for a period longer than 27 weeks.